#OrderTypes101 Order types are instructions given to a broker or exchange to buy or sell an asset under certain conditions. Here are some common types of orders:

- *Market Order:* Buy or sell an asset at the current market price.

- *Limit Order:* Buy or sell an asset at a specific predetermined price.

- *Stop-Loss Order:* Sell an asset when the price drops to a certain level to limit losses.

- *Take-Profit Order:* Sell an asset when the price reaches a certain level to take profit.

- *Stop-Limit Order:* A combination of a stop-loss and limit order, selling an asset when the price drops to a certain level and buying/selling at a limit price.

- *Trailing Stop Order:* Sell an asset when the price drops to a certain level from the highest price that has been set.

By understanding the types of orders, you can manage risk and make more accurate trading decisions!